Sector Earnings Beat Rate

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Includes: IVV, IYZ, SPY, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY
by: Bespoke Investment Group

Yesterday we highlighted the percentage of companies that have beaten earnings estimates this reporting period. Below we break down the beat rate by sector. Four sectors have a higher beat rate than the entire market, while six have a lower beat rate. The Consumer Discretionary sector has the highest beat rate this earnings season at 80.6%. Consumer Discretionary is followed closely by Industrials at 79.8%. Consumer Staples and Technology are both right around 76%. Energy, Telecom, and Financials are all tied at 60% for the lowest earnings beat rate. Materials is at 69.4%, and Health Care is at 70.3%.

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Tagged: Earnings
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